PNV 1.16% $2.61 polynovo limited

SPP

  1. 163 Posts.
    lightbulb Created with Sketch. 184
    Share price dropping toward the 13.5cents... Which is predictable. I wonder how many holders are selling and intend to re purchase in the SPP???

    My guess is that most holders will apply for shares in the SPP and everyone will be scaled back so we all get very few (especially as the intention was to raise $10million and they have already raised $8.5million).

    Hence... My feel is that you might sell now... but to get the shares back you'll be buying at a higher price on market rather than through the SPP...
 
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